Wcuw Inc

Analysis

Wcuw Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in April 1973, 53 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wcuw Inc reported income of $278k and spending of $161k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $278k (+144%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wcuw Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Digital Lakes Inc ($278k), Will and Deni McIntyre Foundation ($278k) and Corsicana Community Playhouse Inc ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $51k (32% of expenses). At year end it held assets of $251k against liabilities of $1,324, net assets of $250k. It reported 1 employees.